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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: jrhana who wrote (28048)1/28/2003 10:35:28 AM
From: TobagoJack  Read Replies (3) | Respond to of 74559
 
Hi John <<... awaited bottom in Japanese equities?>>

I think it is too early to start expecting eventual Japanese financial market recovery on inflation-adjusted basis.

I own some Japanese shares, may get a chance to sell by March, have a Yen loan outstanding, am not optimistic that Japan will change its comfortable ways, believe they will continue to lose manufacturing assets, suffer capital flight, and stew in the soup of their own making.

Japan is losing population, capital, wealth, and has to lose cost, and therefore revenue, generally shrink, until equilibrium point at unknowable depth.

If Japan is in fact suffering from the Hong Kong disease of "achieving equilibrium with China", then we have a long way to go yet. In the meantime, stocks may rise by end of March, of every year.

<<... the USA will rise again as it always has in the past>>

I believe so as well, because USA is continental in size, different from Japan, though may come back with a much cheaper USD, if USD is allowed to sink by other nations.

Chugs, Jay